Vedanta Limited — Important, 20-02-2025: Updates

The resolutions proposed at the meetings of the Equity Shareholders, Secured Creditors, and Unsecured Creditors of Vedanta Limited received requisite majorities, all supporting a Scheme of Arrangement involving multiple entities, including Vedanta Aluminium Metal Limited and Talwandi Sabo Power Limited. Key voting results indicate that approximately 99.99% of Equity Shareholders supported the resolution, while Secured Creditors showed 99.59% approval, with Unsecured Creditors at 99.96%. The voting process, conducted via remote e-Voting and during the meeting, was deemed transparent and fair. The successful passage of these resolutions positions Vedanta Limited to move forward with its strategic objectives linked to this arrangement, suggesting a positive outlook for operational consolidation and potential growth opportunities ahead. Stakeholders should continue to monitor developments related to this Scheme.